Hoping for a return of that 1966 feeling

28 June 2010

Steady growth and increasing product choice are vital for the market and we all need to be optimistic about the future.

We also need criteria to be more flexible and for lenders to take the brave step of slackening the reins, increasing LTVs and allowing a more flexible approach to underwriting.

Nobody has done this better than The Mortgage Works, with its 80% LTV buy-to-let product.

All the statistics are showing a steady rise in the number of mortgage products and let’s hope this trend continues.

Looking further afield, my eyes are firmly on the World Cup. Interestingly, more life policies were sold in 1966 than ever before, and this is widely believed to be down to the euphoric feeling that came from England lifting the trophy (pictured).

As I say, we must focus on the positives.

Sometimes the smallest things can provide the biggest opportunities and that’s why keeping a close eye on the specialist short-term market could make a big difference to your bottom line.

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